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Friday, April 1, 2011

A reader just asked me a question via Formspring, a social media site that encourages people to find out more about each other in a “simple and fun way.” Here’s what I received today about taxes:

Could you recommend a tax preparation service or person for actors? Thank you!!

I’ve actually been doing them for myself, with the help of TurboTax (for filing) and the Actors Tax Guide for understanding the nitty gritty of taxes for actors. The guide is only $20 and you can get it online at http://www.actorstaxguide.com (you can also see some tips & hints at @ActorsTaxGuide on Twitter.) The tax guide is actually so detailed that if you only have W2 employment, or only a few 1099s, you could probably bypass TurboTax altogether and simply fill out the tax forms on your own (saving you some money.) The Actors Tax Guide shows you exactly how to do that, which is pretty awesome. The guy who wrote it, Mark Bradley, is also very accessible, so you’ll have that support system as well.

Hope this helps- good luck!

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Erin Cronican's career as a professional actor and career coach has spanned the last 25 years in New York City, Los Angeles and San Diego. She has appeared in major feature films and on television, and has done national tours of plays and musicals. She has worked in the advertising & marketing departments of major corporations, film production companies, theater magazines, and non-profit acting organizations. To learn more, check out http://www.theactorsenterprise.org.

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erin cronican: founder / coach

Erin Cronican is a professional actor (AEA/SAG-AFTRA) and has been coaching on the business of acting since 2007. She is a columnist for Backstage magazine and is the Managing Director of The Seeing Place Theater, a critically acclaimed indie theater in NYC.